Posts Tagged ‘vc’

The Angel Investor: Inflexibility is a Sure Way to Fail

flexible

My team of angel investors just made our latest series of investments. We read over 200 submitted applications, witnessed over 20 pitches in person, and made three investments in web and mobile startups which we announced this week.

Every investor will tell you ‘the entrepreneur’ is a key component of any investment decision they make. That they invest in the individual as much as in the idea. Our board thinks similarly, and I am often asked ‘what do you look for in an entrepreneur?’.

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Entrepreneurs Must Dream Big But Act Lean

Startup monkey

When asked in a recent interview with YoungEntrepreneur.com for a piece of advice for young entrepreneurs, I answered “dream big but act lean”. This is critical advice.

Wikipedia defines an entrepreneur as “a person who has possession of a new enterprise, venture or idea and is accountable for the inherent risks and the outcome”. An entrepreneur is someone who is better served without the shackles that come with a traditional job, without a boss, without top-down imposed key performance indicators, etcetera.

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